Advanced

PARLIAMENTARY EARLY DAY MOTION
PHASING OUT OF RETIREMENT RELIEF FROM CAPITAL GAINS TAX (7 June 1998)

Motion Details

That this House acknowledges the significant contribution made to the economy by the small business sector; recognises the need actively to promote this contribution by means of appropriate policies for small and medium-sized enterprises; is aware that many small business owners rely on the disposal of their business on retirement to fund an annuity; is concerned that the phasing out of existing retirement relief from capital gains tax could have a detrimental effect on small business owners; and asks the Chancellor of the Exchequer to bring forward proposals for the new regime, and its phasing in, which would be fair to those who would otherwise be faced with a financial loss on retirement.

Sponsored by:
Mr Kerry Pollard (Labour)

EDMS Sponsor By Party

Party
Votes
%
 
Labour
51
34%
 
 
Conservative
44
29%
 
 
Liberal Democrat
36
24%
 
 
Independent
7
5%
 
 
Non-affiliated
3
2%
 
 
Ulster Unionist Party
3
2%
 
 
Speaker
2
1%
 
 
Not Available
1
1%
 
 
Democratic Unionist Party
1
1%
 
 
Plaid Cymru
1
1%
 
 
Crossbench
1
1%
 
Sponsor List (150 sponsors)
Party
Member
Constituency
Lord Allan of Hallam
Con
Sir David Amess
Con
Mr David Atkinson
Lab
John Austin
LD
Norman Baker
LD
Jackie Ballard
Lab
Mr Harry Barnes
UUP
Mr Roy Beggs
LD
Lord Beith
Spk
John Bercow
Lab
Mr Gerry Bermingham
Lab
Mr Harold Best
Ind
Crispin Blunt
Con
Sir Richard Body
Con
Lord Brady of Altrincham
LD
Tom Brake
LD
Dr Peter Brand
Con
Sir Julian Brazier
LD
Mr Colin Breed
LD
Lord Burnett
LD
Paul Burstow
LD
Sir Vince Cable
LD
Lord Campbell of Pittenweem
Lab
Mr Jamie Cann
Lab
Roger Casale
Lab
Martin Caton
Con
Sir Sydney Chapman
Ind
Mr David Chaytor
LD
Lord Chidgey
Con
Alan Clark
Lab
Harry Cohen
Con
Michael Colvin
Lab
Lord Corbett of Castle Vale
LD
Lord Cotter
Lab
Jim Cousins
Lab
Lord Cryer
Lab
Mrs Ann Cryer
PC
Cynog Dafis
LD
Ed Davey
Kingston and Surbiton
Lab
Valerie Davey
Lab
Mr Terry Davis
Lab
Mrs Janet Dean
Lab
Jim Dobbin
Lab
Dr David Drew
Lab
Julia Drown
Con
Michael Fabricant
LD
Lord Fearn
XB
Lord Field of Birkenhead
Con
Lord Flight
LD
Lord Foster of Bath
LD
Andrew George
St Ives
Con
Mr Christopher Gill
Lab
Linda Gilroy
Lab
Dr Norman Godman
Con
Mrs Teresa Gorman
LD
Mr Donald Gorrie
Con
James Gray
Ind
Mr Mike Hancock
LD
Dr Evan Harris
LD
Sir Nick Harvey
Con
Mr Nick Hawkins
Ind
Kelvin Hopkins
Con
Lord Horam
Con
Sir Gerald Howarth
Spk
Sir Lindsay Hoyle
Chorley
LD
Simon Hughes
DUP
Mr Andrew Hunter
Lab
Mr Alan Hurst
Ind
Mr Eric Illsley
Lab
Mr Robert Jackson
Con
Sir Geoffrey Johnson Smith
LD
Lord Jones of Cheltenham
Lab
Ms Jenny Jones
Lab
Alan Keen
LD
Mr Paul Keetch
Lab
Mr Piara S Khabra
Con
Julie Kirkbride
LD
Lord Kirkwood of Kirkhope
Lab
Dr Ashok Kumar
Con
Baroness Laing of Elderslie
Lab
Mrs Jackie Lawrence
Lab
David Lepper
Con
Sir Julian Lewis
New Forest East
Ind
Mr Ken Livingstone
LD
Lord Livsey of Talgarth
Con
Tim Loughton
Lab
Alice Mahon
Con
Mr Humfrey Malins
Lab
Gordon Marsden
Con
Mr Michael Mates
Ind
John McDonnell
Hayes and Harlington
Lab
Mr Kevin McNamara
Lab
Mr Tony McWalter
LD
Mrs Ray Michie
Lab
Austin Mitchell
Lab
Laura Moffatt
Lab
Dr Doug Naysmith
Con
Mr Archie Norman
Lab
Sir Bill O'Brien
Lab
Mr Edward O'Hara
LD
Mr Mark Oaten
Lab
Mr Bill Olner
LD
Lembit Öpik
Con
Mr Owen Paterson
Lab
Mr Kerry Pollard (Sponsor)
Lord Prior of Brampton
Con
Lord Randall of Uxbridge
Lab
Syd Rapson
LD
Mr David Rendel
Con
Lord Robathan
Con
Mr Laurence Robertson
Con
Dame Marion Roe
Con
Mr Andrew Rowe
Con
Mr David Ruffley
Lab
Christine Russell
LD
Sir Bob Russell
Lab
Martin Salter
LD
Mr Adrian Sanders
Lab
Phil Sawford
Lab
Mr Marsha Singh
LD
Sir Robert Smith
UUP
The Rev Martin Smyth
Con
Lord Spicer
Con
Mr Anthony Steen
Lab
Mr Gerry Steinberg
LD
Lord Stunell
Con
Sir Desmond Swayne
New Forest West
Con
Sir Robert Syms
Con
Sir Peter Tapsell
Con
Sir Teddy Taylor
UUP
Mr William Thompson
Baroness Tonge
Con
Mr John Townend
Lab
Dr Desmond Turner
LD
Lord Tyler
Con
Sir Peter Viggers
Lab
Dr Rudi Vis
LD
Lord Wallace of Tankerness
Con
Mr Robert Walter
Mr Charles Wardle
LD
Steve Webb
Con
Mr Bowen Wells
Lab
Brian White
Con
Mr John Wilkinson
LD
Lord Willis of Knaresborough
Con
Ann Winterton
Con
Sir Nicholas Winterton
Lab
Mrs Audrey Wise
Lab
Mr Shaun Woodward
Lab
Derek Wyatt

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.